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The stock is taking support at 50ema multiple times.
Today the stock has formed strong bullish candle with good volumes.
All details available in chart!
Education purpose only.
Go long for the targets of (523.7-533) / (596.5-610.5) with the support of 461
Baj Elect has broken its swing high and resistance, once broken 475 new high can be seen
Bajaj Electrical Breakout on Weekly and Monthly TF, Expecting N Wave Formation. Target 730/923+ Holding Period 18-24 Months
BAJAJELEC - Buy ABOVE 552 / Target 583 / Stop Loss 536
Weekly is bullish and daily has a higher high. Looking to buy this 540 to 550 with stop at 530.
This market shows strength. Weekly is bullish and daily has formed a higher high. Looking to buy this at 540 - 550 with stop at 530.
Buying in Bajaj Electricals for a week seems perfect. refer chart.
Go long. Possible breakout after 573. MACD and Volumes are driving the trend.
Go Long for Bajaj Electrical. MACD and Volume following the trend. May go high if crosses 573 level.
BajajElec looking good on daily timeframe charts for long positions. SL Would be 294 On closing basis. May test 325-350 soon. CMP 306